In an earlier insight, marine energy consultancy Wood Mackenzie identified up to US$150bn in annual operating cost savings that could be achieved in the energy and natural resources sectors through digitalisation. In its latest research, Woodmac takes a closer look at the likely digitalization impact on the upstream sector, noting that the oil and gas industry has always been at the cutting edge of technological innovation.
According to Woodmac, Big Data and advances in analytics, including...
https://safety4sea.com/woodmac-digitalization-can-bring-major-cost-savings-for-upstream-sector/